ElasmoBranchii:
There is something that I am still trying to understand though. Anybody with the answer should chip in.

Isn't USDT/NGN different from USD/NGN that is traded in the forex market. Since USDT is dependent on USD, shouldn't it be the USD that influences USDT not the other way around. If there is manipulation going on then it's the people trading real dollars that are at the bottom of it cause nobody is using USDT to buy goods. USDT is just used as a means of exchange for crypto. Why would BDCs and other institutions be using the price of a digital asset to influence the price of their physical dollar. Shouldn't it be the other way around? It's not like they can send their dollars to binance and sell on binance because that medium is blocked or do they have a way to bypass it?

The volume of the USDT/NGN traded on binance spot is very low (I'm having problems uploading the photo). The volume shows that about $2.4 million dollars was traded as at the time of this post and during that time there was a strong selling pressure that drove the price down. Does that mean that if I have a $3million buy order now that I want to inject into the market will that effectively revert the price back to 1900? If possible that would mean that if someone caused a volatility like that normally p2p traders will change their price but why would BDCs and other institutions follow suit when they are not trading USDT?

Someone that understands my question and is knowledgeable about this stuff should please explain.

Where are you seeing daily volume of 2 million? Abi my eye dey pain me? 4. Something billion trading volume, well above BTC/usdt. What should that tell you. And this is just SPOT trading in binance.

Allthelight:
price of coins are manipulated all the time and it is ilegal even in the u.s but their is a difference between manipulating price and buying a product.

It is not ilegal to buy thing, they can go after those manipulating the price but asking for the data of all those who trade currencies is illegal by law...

And shows dictatorship good luck asking for the data from those companies tho.

There is nothing illegal here, if there is a case of money laundering, fraud, sponsorship of war, terrorism etc, you will get flagged. It's a standard all over the world. That's why we have regulations. if you want to remain anonymous, by all means buy monero.

Except some government officials are behind this? This one military dictators are taking over African countries and blocking their bank account, is this another way of the government official having a backup plan?

Tsfari:
If I was arguing as a lawyer, the events of tonight will help me prove a case of manipulation on Binance. No further arguments

Also the rapid increase of BnB? To watch...who is pumping BnB, with what?

Allthelight:
you think real life is a movie those fintechs, social media companies have more accurate data on you than the government does.

I thought the government said linking nin to your line will help stop kidnapping

They have the data, Nigerian government can demand for these data. They have no right listing usdt/ngn on spot without the approval of the government and proper regulations.


I don't talk much on p2p, but the binance spot. Let them clamp that one first, then go after the big purchase on p2p. It's easy to catch since their account with bnv/nin is linked directly.

Bullish99:


See fall as noise of banning intensifies, see pure manipulation...damn

Just look at this sh1t.

CZ should have a case to answer.

Sell pressure has started on Binance spot. Who are those selling?(manipulating)

I will soon be talking about all these online bank, opay and co. A simple SQL request by the government to simple weed out Nigerian counterparts Manipulators

BVN, Nin, crypto exchanges, passport, thumb prints, online banks opening left and right, onshore bank etc. The government has every right to these data, get them, make a query on them , regulate the economy. Not so simple,that's where you need data analytics. Read the data, you get your solution. The world is changing, and too fast, you need to appoint technical ppl in these delicate positions.

Holladoyheen:


If u'v got solution to the problem on ground and you know who to contact, why don't u do that instead of waiting to b contacted and charge them for the info u going to dish out. Help your country. Save lives.
Looks like everyone be opportunist. Nawa

Why would I sell my product for free when I can be paid for it especially if I have invested a lot for it. Aboki give you suya test, you say it's not enough,that he should give you all cos you are hungry? That's not how economy works. You pay for product and service and choose ppl base on qualification and not by sentiments.

My solution is about 280pages. I travelled 5 continents to get my final data and you say what again? Abeg if you Sabi dem, let them DM me on my nostr channel.

FuckingNaira:
Happening

I asked them to contact me for my forensic data analytics I just did, them rush enter news. Ye ye ppl, that's what it takes when you don't choose the right ppl.

Them carry broom enter market begin chase everybody, what you will get is confusion.

I have mapped out my strategy/solution. Dem wan save money. I'm outta here.

ElasmoBranchii:



Come guys. Is it possible that other whales on binance that are not necessarily Nigerians are the cause of the sell pressure on the naira?

For all I know, Binance only allows ngn spot trading, I don't trade forex but I think you can also short ngn with leverage in the forex market and the forex market has more trading volume so why do you say that binance with just spot trading is the cause of the selling pressure.

Forex is regulated. Even in a regulated market, they can stop market in an emergency like this.

Binance is NOT regulated.
They should stop that spot trading. If you like cap 5000 for p2p, once a market order greater than certain amounts that goes to your bank, the bank will flag it. Ppl avoid that road. But the spot market, I can make a billion transactions and sent to just na email to someone else, manipulation etc.
These orders are increasing exponential. It's either your economy or yahoo, make Una choose. . The spot market is still on. Let every one go through p2p where they have your BVN/Nin.

Meanwhile almost the billions Tether treasury are printing are for Nigerians. And for your info USDT is not USD for those of you rushing to store your change in USDT. Once that USDT collapse like UST, that Una fake dollar will disappear.

Since Binance launch ngn spot trading @750, there has been drastic downward of ngn. Il sure you can't access spot trading if in ngn(to be confirmed) but outside Nigeria, it's very much accessible to MM to short the currency. Something similar happened with the russian currency, Binance was forced to closed the spot trading. If you want to short a Nigerian currency t should be done on a regulated channel. Pls if anyone knows tinubu I'm here to provide a solution to y'all problems. I'm very serious, I have all the datas but I don't come cheap. Beneficial to everyone . If un no hear word,the usdt will be 3200 in about 3 months when we approach ATH.

Binance is the biggest crypto exchange in the world.
Btc/usdt is supposed to be the most traded coin in cryptocurrency. Cos most ppl convert their local currency to that.


But look at Nigerian naira and usdt volume. More that BTC and usdt. I'm not even talking about the p2p. This is just spot

Eur/usdt is 31million in volume. And you tell me that binance has no say in the drastic fall of the Nigerian Naira.

A day volume , just a day is in billions of dollars.

Read about money, read about the market makers and you got your solution.
Nigerian government should force binance to stop spot trading . This is an emergency!!! The p2p can go on, but that spot trading is open to manipulation by market makers.

Fastt:


Dec 5 , when this post was made.
Btc is now 81 million.
Oggy inu is dead .

83000000 million now.

OgogoroFreak:
With those your good analysis, $50 supposed be a pass for you na.

.
There are levels to this game. You won't tell someone with 10k USD to buy sh1tcoin with less than 3k liquidity.

Most shitcoins diehards fans na 40, 50 USD dem dey run.


Makes sense buying sh1tcoins than BTC.

How ever some alts have proven useful, but I won't suggest dumping more than 30% on all alts combined.

Fastt:


BTC will soon be 50million..it's now 49 million, if you get 50 million, buy now, discount of 1 million for December party.

Dec 5 , when this post was made.
Btc is now 81 million.
Oggy inu is dead .

moshuur:

We have NFA term in crypto....DYOR is also there.
Besides, we are all adult.
And over 90% of us here are men (u get d drill as regards this).

I put over 40 dollars into oggy, trust me I still plan to throw like extra 10 inside.

Ok...

SINisSIN:
2.5m or 2.5b?

Most people here have lost more than 2.5m on crypto and dey still dey gidigba. Wetin be 2.5m? He is not serious.

Lol... Depends on how you make your money. Esp if it's borrowed money, that's a lot.

Chikacha:



You are telling us that this man is gone because of 2'400 USD?

I don't know that man . Don't know why he did it but gambling with burrowed money based on analysis of "financial guru" in this volatile market can make ppl do something crazy. Except you know how these tokens are generated with AI within 5 min, you don't go around throwing money on any shitcoin. Except you don't work for this money.

Fastt:


48 million two hundred naira. Sh1tcoins still shrinking. Once you sell that one sh1tcoin to jump into another, na dat time BTC go dump, -15% down on your sh1tcoins.
Will be entering this WLD coin small small. Waiting for a big dump. The rate they are taking ppl iris, plus AI, that token go make sense but I guess it's still over valued. Will gradually DCA.

I know this WLD coin is a good real life project. Being a good project doesn't just move a coin, the community is great. The coin don leave me do *2 , where I'm still thinking it's over valued. Its well. Make I go fine another quality good project.

RAY(raydium). 94% from their ATH. Their GitHub repo is always updated. Lots of work going on the background. SOL eco system..if you no get plenty money for BTC/sol..DCA on this project. NFA(not financial advice) DYOR.

moshuur:

Your last statement get meaning...it's why some people don't like shill coin/token here.

I am sorry if I get ur intention wrong though

But for any one here that might want to blame people for their actions,

DYOR is our mantra...no one...I repeat no one is being forced

Although, I understand some people might be over confident.

But still, we must take responsibility for our actions and inactions

Pls know what you shill here. I understand ppl are trying to make it. No one is sure of this market, you should take it like gambling and not making it look like your are crypto finance guru.

Some ppl here literally pump in their last saving to project only to be rug later.
Shine you eyes ppl, the wolf's are here to get your money. Don't give it them easily. Do the necessary research before dumping your hard earn money. I don talk my own. Let him who has ears hear .

You will see the profit of 1 out of 10 trades but will never share the loss.

Meanwhile ARB is gearing up.

mrprince01:
0x1a3a8cf347b2bf5890d3d6a1b981c4f4432c8661
Flying Avacado Cat
My call - $0.1876
Uniswap
Eth

Una don come o. Avacado cat .
As hunger dey naija so, if Una see one naira you try. Focus on something else. Work no dey here. No be only flying avocado cat.
I thought I have seen it all.

Meanwhile Oggy inu don disappear

ojay36:
Hello guys
pls is there a way to manoeuvre these gas fees on ETH?

Depends on what you are using it for. You can try layer 2 like op, arb etc.

MapleBae2020:


Thanks for this. I'm also in this boat. So I bought more in the last 2 weeks to reduce my avr price. I'm glad it's even now. But I was really tempted to take 50% out and let the rest ride on. I go leave am sha. Hopefully to see profit soon. I had to stake it in the last 2 years. But I've learnt a good lesson, not to buy at the top no matter the noise. Everyone dey find who go hold bag for them

You learnt a good lesson. Not to buy at top. There is also a lesson of how to take profit. if you bought some in last 2 weeks, it should be up 100%. Take a little profit and leave the rest to run. Why? I believe we still see a big dump. Retailers are yet to come. Money no dey.
Everywhere hard, Euro banks are blocking money to exchanges, US are fighting exchange for regulation, the small retailers still here are having problems buying. You see profit, take small go chop oh. I don talk my own. When everyone here starts asking which coin to buy, start taking profit. When the place quiet , go and buy then wait for noise.

Ibime:


See this guy. I've played two shïtcoins in the last week that have run to $10m and $20m marketcap respectively (CZ and Go Fück yourself). Within 2 days they had already ran up there and come back down toward zero.

In May I was part of a presale for Four coin that went to $35m marketcap in one morning, down to $14m that afternoon, up to $40m the next day and down to $1m within a week

That is the life of shitcoins

Ha!! Life of sh1tcoin. Before you even wake up, they have closed market.

Ibime:


Truck was a play until CyberTruck deliveries started on 30th November cos Elon Musk would tweet about it. That's when I sold. Most shïtcoins have limited shelf life. If you don't know the dates that the coins narrative expires, you will be left holding bag

Ah, seems Mazi don carry bag oh . This sh1tcoin shelf live no even reach 1 month.

Meanwhile just today BTC has added another 1million. When will ppl start selling for sh1tcoins to start pumping. I guess most ppl are waiting for the ETF.

Fastt:


Ibime should be part of the creator. Seeing the volumes and liquidity. Make Una buy oh, dem go use am jam Una head. . He won't come out and debunk it knowing fully well y'all won't buy naija made.



Some of us don't make noise. I've got like 0.002351 btc

And 288 BTC I found in an old company I got from *##**# network issuuuueeee...

I love coming back to some of my post for some context and update.

E bi like say dem don rug that TRUCK. Where are ibime and Mazi, make Una give update.

Fastt:
Just to let everyone know that 1btc will soon be 42million naira.

BTC will soon be 50million..it's now 49 million, if you get 50 million, buy now, discount of 1 million for December party.

LandMann:


So the flashcrash is a PAUSE of the uptrend, not even a retracement to allow entry at better price?

Well, what do you think about the pattern below?

I'm seeing a head and shoulder pattern on the 15 minutes timeframe and I'm thinking price will fall lower soon. What do you think?

Nlders what do you think?

Una don come oh. Head and shoulders ppl .

Once I see them like this, I begin DCA out small small. Deflower recruit will soon start selling trading papers. Money changers showing, bolatinubuInu coins selling soon

Fastt:
Nov 3 2013. Btcee dumped to 27 millions. Now it's 44 million.

Meanwhile some sh1tcoins are still shrinking.

48 million two hundred naira. Sh1tcoins still shrinking. Once you sell that one sh1tcoin to jump into another, na dat time BTC go dump, -15% down on your sh1tcoins.
Will be entering this WLD coin small small. Waiting for a big dump. The rate they are taking ppl iris, plus AI, that token go make sense but I guess it's still over valued. Will gradually DCA.

Nov 3 2013. Btcee dumped to 27 millions. Now it's 44 million.

Meanwhile some sh1tcoins are still shrinking.

iLegendd:
To those who would want to know the exchange I use for this strategy, see 40+ of them below.

I have done proper research on them, registered with them, and got fully verified in all of them and others.

I'm not vouching for them, but I use their derivatives/future platforms for my "Eggs in 50+ Baskets" strategy.

Life no balance, so I decided to over prepare.

Luck is when preparedness meets opportunity.

50 exchange for one person

Mental health should be considered here too.

iLegendd:
How I Create and Protect My Crypto Wallets

Using an exchange as the only place you store your crypto is not really cool.

Only money you can lose or you'll soon use for trade is supposed to be there. You need to have your personal soft wallet. Not 1, not 2, but 3, 7 or more. And you need to memorize ALL of them and recall them offhand. It's easy. I'll teach you.

This is how I do mine: On a brand new phone, after factory-resetting it, I install Trust Wallet and Metamask, then turn off my Internet. You can create and open a wallet without Internet.

I get a pen and a notebook and start creating wallets and when the seed phrase comes up, I immediately start coming up with a funny and some times, naughty story around those 12 words.

If it makes sense, rhymes, funny, and naughty, I keep it because it'll be automatically memorable. If it doesn't, I discard and continue.

I did this more than 40 times and got 10 extremely memorable, hilarious, and naughty ones. They're so hilarious and memorable even an alzheimer patient will find it difficult to forget.

I used AI to generate funny images that'll depict those crazy imaginative stories visually.

I used Capcut to put the slideshow together and added a voiceover. You can do it with your voice or AI voice. Capcut has everything. The stories are really catchy and absurd. That's why they're memorable.

I upload it online and people watch and enjoy. Each story is a clip of 30 seconds or less.

Note: The phrases are mixed with other words to make the story rhyme and easily recalled.

I'm the only one who knows the words that matter and their combinations, the prefix and suffix to omit to get the base word, etc.

It's the best method I have discovered. Hardware wallet? Yeah, cool to have, but the stories I hear about them nowadays eh.

Imagine uploading your seed phrase on YouTube and people are watching, commenting and enjoying the storyline, but they have no idea it's someone's seed phrase. Even if you tell them, they won't be able to fix it together.

People watch those videos, but they have no clue. Those I told still can't figure the 12 seed phrase out of those stories.

Example:

12 seed phrase

1. alcoholic
2. turkey
3. tackle
4. raccoon
5. truck
6. winter
7. guilt
8. crane
9. tray
10. child
11. dash
12 chicken

The above is a real one fro Trust Wallet.

We are different, so everyone's story will be different.

This is the first one I came up with.

An alcoholic from Turkey tackles a raccoon driving a truck in winter. Without guilt, he drove a crane carrying a tray with a child on it to dash a hungry chicken.

I realized I'm going to forget the word "tackle" so I added supporting words to make it more memorable.

Here is the modified version.

An alcoholic from Turkey, a football defender, tackles a raccoon driving a truck in winter. Without guilt, he drove a crane carrying a tray with a child on it to dash a hungry chicken.

The line: football defender is a trigger phrase to help me remember "tackle."

Even though I used alcoholic instead of alcohol, I know the main word. Same with tackles instead of tackle, etc.

When I'm done with the story, I source for images, then I open Capcut editing app owned by Tiktok to edit them.

Capcut is free and has unlimited AI image generation inbuilt. That app is too good to be free.

Anybody who edits videos on phone and doesn't use Capcut, I laugh — you're missing. The new AI-oriented updates are insane and all for free.

Anyway, let's forget about Capcut. I just can't believe it's free sha.

The above imagery is actually one of my worst. Though, it's memorable, a little funny, but not naughty or as good as the ones I personally use. Those ones, when I recite them, I can't help but laugh.

You know, I can't reveal them, but use this "alcoholic" example to get my message.

So, if I'm traveling to North Korea, nobody is going to seize my hardware wallet at the airport or if I get robbed in Mexico, I'll still have my soft wallet available on YouTube.

You can even monetize these short videos and make money with them.

So, keeping your seed phrase in the open is actually the best way to hide it and the best way to memorize and recall them easily without stressing your brain.

The thing I wrote above may seem like too much to do just for a seed phrase, but damn, it's so easy, simple and fun for me.

Before I go to bed, I always generate a new seed phrase and come up with a story around it to see if I'll topple the ones I already have. It has become a fun adventure for me.

Unfortunately, the one I used as an example above won't open because I forgot to verify it. You know, after generating a seed phrase, you need to re-type it to approve it, but I forgot. I'm really not happy with myself.

That error is the reason I wrote this post so that I'll use it to show example of how to save your seed phrase right in front of people.

They have eyes, but they can't see.

Below are the pictures for the story.

Image 1: An alcohol.ic from Turkey tackle.s a raccoon. (Yes, they've changed their country's name, but let's use it for now).

Image 2: Raccoon driving a truck in winter.

Image 3: The man not feeling any guilt from what he did earlier to the raccoon, he used a crane with a tray on it to carry a child he wants to dash to a chicken to eat.

He's such a wicked man. I guess that's why he's an alcoholic.

Tip: You can even create a funny one for your child or little siblings or whatever and infuse some rhymes to it.

They'll grow with it but won't know it's their university school fees you've put inside for them as Bitcoin.

That's planning ahead of time for your kids. Everything mustn't be in normal bank or fiat. Let's utilize this technology well the same way we're utilizing AI.

This is very dangerous. NEVER EVER store your keys online/not even in your head. I don't care whether you use short story or not. It takes a 2dollar pipe rench to strike you, make you sing like a bird and get all keys out from you.

Knowing you are probably a crytop trader and getting all your digital footprint, Your YouTube short storys can be brut-force with these possible combinations and get out your wallets.

It seems memory loss haven't happened to you before. When the basic word you know too well just escapes from your memory.

In a cold storage, you can set up a multi signature. Divide your keys into different parts and maybe bury them in different off locations(get the compass reading ) .cold storage shouldn't be uploaded online even in form or songs or otherwise.
That's why we have hot wallets for simple transfer etc.

Luada:
Why are you guys afraid binance is going nowhere

Hmmm, almost 1.5b USD withdrawal after the news.
The exchange is still functioning. I follow withdraw the small profit I sold.

Anyway, I don commot my change there. I no wan hear story.
I don sell the market wey I wan sell, carry the goods wey I never sell go my house. Sleeping like angel . If the market like make him burn, we enter defi/bisq. No be today.

Now that CZ is now in background, I'm having CAKE on my list cos he will focus now on his decentralised exchange.

BnB is going nowhere. Even if Binance should collapse, BnB is a chain. Second chain after Eth. Any drop, buy the dip.
NFA

DaemoLee:


Coin wey go return under $3

2 dollars sef I no buy. These sh1tcoins no get respect